Unlock High Yields with Integral's $225K ARB Grant

We are thrilled to announce that Integral has been awarded a generous grant of 225,000 $ARB from the Arbitrum Foundation as part of the Long-Term Incentive Pilot Program (LTIPP). This grant is a testament to Integral’s innovative approach to concentrated liquidity and our commitment to enhancing the overall trading experience on Arbitrum.

Background

The LTIPP is a 12-week pilot program established by the Arbitrum DAO to distribute ARB to protocols that are committed to the long term vision of Arbitrum. With a budget of 45M $ARB, the program aims to distribute funds to protocols building on Arbitrum that help foster a more robust ecosystem. It also aims to expand on the previous STIP (Short-Term-Incentive) grant program to allow protocols who didn’t receive funding to have another shot.

The LTIPP proposal first hit the Arbitrum forum in December 2023, with grant distributions set to begin in early June 2024.

Liquidity Incentives

The 225,000 $ARB grant from the Arbitrum Foundation will be strategically allocated to drive the growth and adoption of Integral on Arbitrum, ultimately benefiting the entire ecosystem.

A significant portion of the grant, 125,000 $ARB, will be dedicated to a 3-month liquidity mining program focused on store-of-value (SoV) token pairs such as WETH-USDC, WETH-USDT, WETH-wstETH, and WETH-ARB. By incentivizing liquidity for these key pairs, Integral aims to improve the overall trading experience on Arbitrum and reduce trading costs for users. The incentive has been activated and many of the pools are currently having very high yields.

To distribute trading fees and farming rewards, Integral has deployed a customized fork of Sushi’s MasterChef contract. This approach ensures a secure and efficient reward distribution mechanism.

Under this system, liquidity providers (LPs) are required to stake their LP tokens in the reward contract to be eligible for rewards. By staking their LP tokens, LPs are entitled to a share of the trading fees and ARB token rewards proportional to their stake.

Encouraging Integrations

To further enhance liquidity on Arbitrum, Integral will allocate approximately 100,000 $ARB as incentives for aggregators, solvers, and vaults that integrate our liquidity over the next 3 months. By collaborating with key players in the DeFi space, Integral seeks to create a more interconnected and efficient ecosystem, benefiting both Arbitrum users and the broader DeFi community. For projects looking to connect or collaborate with us, feel free to reach out through the form here.

Looking Ahead

As Integral sets out on this new chapter, our focus remains on sustainability and fostering a mutually beneficial environment for LPs, token projects, and traders/aggregators. With the support of the Arbitrum Foundation, we are well-positioned to drive the adoption of our innovative concentrated liquidity solutions and contribute to the growth of the Arbitrum ecosystem.

We extend our gratitude to the Arbitrum Foundation for their trust and support, as well as our advisors at SEEDGov. We look forward to working closely with the Arbitrum community to unlock the full potential of DeFi on this exciting network.

None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy.